MENA Investment industry has 'immense growth potential '

Manama, Kingdom of Bahrain –31 May 2016: “While the MENA investment pool totals approximately US$ 4.5 trillion, less than 10 per cent of this finds its way to regional asset managers. Moreover, the regional investment industry is very fragmented, with over 200 managers responsible for around US$ 250-300 billion in assets. One key reason why MENA investment industry has been unable to take off in the last decade or so has been poor market returns. On the back of three major corrections, MENA markets have fallen by more than 50 per cent over the 10-year period from 2006 to 2015.